I actually somewhat agree with the first point AOC made. The enormous amount of confused teenagers who were pressured by the education system and older generation to go and saddle themselves with college debt is massive and it was done under this whole idea of "what you don't want to be flipping burgers or trimming bushes" by a bunch of elitist baby boomers who hate any type of manual work. IDK if student loan forgiveness is the right way of handling it, im much more in favor of just reverting all federally backed student loans to simple interest and telling the banks to take a hair cut. I get that people like to bring out the strawman of the person who got a feminist dance theory doctorate from yale with 300k in debt but lets be real. An enormous amount of these people have marketing degrees, or English, or history, or any number of not particularly valuable degrees because they were told that you have to go to college it's a golden ticket. These people have 10-50K in debt from this endeavor that they will probably eventually pay off but they ultimately did not need to get saddled with it in the first place. The Banks and the universities and the government all are at fault here as well.
As somebody just finished paying off my student loans after graduating in 2005, fuck that. I took out the loans knowing I had to pay them back, and I paid them back.
It took sixteen years, but that’s what it takes.
The only time I’d ever agree to a loan forgiveness program is if it’s in a field where we need more skilled workers, like engineering or medicine, and only once they’ve put time in the field. They did this with teachers and nurses for a while from what I remember.
As a taxpayer though, I’m not paying for somebody’s gender studies or minority studies degree. They’re the ones stupid enough to think they could make being a victim a career, so now that they’ve victimized themselves they can find their own way back out of it.
I actually somewhat agree with the first point AOC made. The enormous amount of confused teenagers who were pressured by the education system and older generation to go and saddle themselves with college debt is massive and it was done under this whole idea of "what you don't want to be flipping burgers or trimming bushes" by a bunch of elitist baby boomers who hate any type of manual work. IDK if student loan forgiveness is the right way of handling it, im much more in favor of just reverting all federally backed student loans to simple interest and telling the banks to take a hair cut. I get that people like to bring out the strawman of the person who got a feminist dance theory doctorate from yale with 300k in debt but lets be real. An enormous amount of these people have marketing degrees, or English, or history, or any number of not particularly valuable degrees because they were told that you have to go to college it's a golden ticket. These people have 10-50K in debt from this endeavor that they will probably eventually pay off but they ultimately did not need to get saddled with it in the first place. The Banks and the universities and the government all are at fault here as well.
As somebody just finished paying off my student loans after graduating in 2005, fuck that. I took out the loans knowing I had to pay them back, and I paid them back.
It took sixteen years, but that’s what it takes.
The only time I’d ever agree to a loan forgiveness program is if it’s in a field where we need more skilled workers, like engineering or medicine, and only once they’ve put time in the field. They did this with teachers and nurses for a while from what I remember.
As a taxpayer though, I’m not paying for somebody’s gender studies or minority studies degree. They’re the ones stupid enough to think they could make being a victim a career, so now that they’ve victimized themselves they can find their own way back out of it.